13F 申報指南13F 觀念全攻略
什麼是 SEC Form 13F 申報？美股機構大戶持股全攻略
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
AlphaSMO 權威研究指南閱讀專題
CIK: 0001386928
申報總市值
US$14.7億
US$14.7億
47 檔
20.4%
Q1 2025 季度申報顯示，Park West Asset Management LLC 揭露的美股組合總市值為 US$14.7億，涵蓋 47 個不同之權益投資部位。
Park West Asset Management LLC 在 Q1 2025 的調整主要集中於風險出清，清倉與減碼部位合計達 161 檔，反映機構對當前市場環境或個別公司估值採取較為保留之看法。
整體而言，Park West Asset Management LLC 的前 5 大持股（包含 KEX, Z, LAD）貢獻了組合市值的 20.4%，形成該機構在 Q1 2025 季度的基本面基石。
| # | 代號 | 標的名稱 | 資產子類別 | 佔比 | 佔比變動 | 持倉量變化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | KEX | Kirby CORP | 股票-工業 | 6.33% | -2.40% | EXIT | |
| 2 | Z | Zillow Group Inc - C | 股票-通訊服務 | 5.25% | -3.38% | -9.57% | |
| 3 | LAD | Lithia Motors Inc | 股票-循環性消費 | 4.75% | -0.54% | EXIT | |
| 4 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 4.00% | +2.72% | NEW | |
| 5 | KSPI | Jsc Kaspi.kz Adr | 股票-其他 | 3.91% | — | +31.06% | |
| 6 | ✓ | Meridianlink Inc | 股票-其他 | 3.89% | — | +9.61% | |
| 7 | ALV | Autoliv Inc | 股票-循環性消費 | 3.87% | — | -13.39% | |
| 8 | ✓ | Millicom Intl Cellular S A | 股票-其他 | 3.70% | — | — | |
| 9 | AMZN | Amazon.com Inc | 股票-循環性消費 | 3.65% | -1.29% | +27.61% | |
| 10 | CRH | CRH plc | 股票-原物料 | 3.39% | -0.04% | -16.12% | |
| 11 | CPAY | Corpay Inc | 股票-科技 | 3.19% | — | -20.60% | |
| 12 | GPI | Group 1 Automotive Inc | 股票-循環性消費 | 3.10% | — | +15.28% | |
| 13 | OPCH | Option Care Health Inc | 股票-醫療保健 | 2.98% | -0.97% | EXIT | |
| 14 | UNH | Unitedhealth Group Inc | 股票-醫療保健 | 2.98% | — | -6.19% | |
| 15 | OMF | Onemain Holdings Inc | 股票-金融 | 2.91% | — | +4.68% | |
| 16 | SFD | Smithfield Foods Inc | 股票-其他 | 2.88% | — | — | |
| 17 | WDC | Western Digital CORP | 股票-科技 | 2.78% | +0.02% | -8.60% | |
| 18 | RMBS | Rambus Inc | 股票-科技 | 2.46% | — | — | |
| 19 | CNK | Cinemark Holdings Inc | 股票-其他 | 2.22% | -0.92% | -1.32% | |
| 20 | GTM | Zoominfo Technologies Inc | 股票-科技 | 2.15% | — | — | |
| 21 | FIS | Fidelity National Info Serv | 股票-科技 | 2.11% | — | — | |
| 22 | LAUR | Laureate Education Inc | 股票-其他 | 1.96% | — | -7.47% | |
| 23 | PHR | Phreesia Inc | 股票-其他 | 1.85% | — | +111.18% | |
| 24 | TOST | Toast Inc-class A | 股票-科技 | 1.76% | +1.44% | +124.80% | |
| 25 | TNDM | Tandem Diabetes Care Inc | 股票-其他 | 1.74% | — | -29.81% | |
| 26 | UTI | Universal Technical Institut | 股票-其他 | 1.58% | -0.41% | -43.99% | |
| 27 | ACVA | Acv Auctions Inc-a | 股票-其他 | 1.55% | — | +0.60% | |
| 28 | DAL | Delta Air Lines Inc | 股票-工業 | 1.53% | — | — | |
| 29 | SLM | Slm CORP | 股票-金融 | 1.39% | — | — | |
| 30 | OSCR | Oscar Health Inc - Class A | 股票-醫療保健 | 1.34% | — | +36.65% | |
| 31 | NVAX | Novavax Inc | 股票-醫療保健 | 1.31% | — | — | |
| 32 | TBPH | Theravance Biopharma, Inc. | 股票-其他 | 1.30% | — | +0.63% | |
| 33 | ENVA | Enova International Inc | 股票-金融 | 1.18% | +1.25% | — | |
| 34 | FLEX | Flex Ltd. | 股票-科技 | 1.17% | +0.77% | -5.48% | |
| 35 | MATX | Matson Inc | 股票-工業 | 0.93% | — | — | |
| 36 | AZTA | Azenta Inc | 股票-其他 | 0.93% | -0.59% | EXIT | |
| 37 | CSTL | Castle Biosciences Inc | 股票-其他 | 0.90% | — | — | |
| 38 | RUN | Sunrun Inc | 股票-科技 | 0.83% | — | +18.67% | |
| 39 | VEEV | Veeva Systems Inc-class A | 股票-醫療保健 | 0.78% | — | — | |
| 40 | LNWO | Light & Wonder Inc | 股票-其他 | 0.78% | — | -79.26% | |
| 41 | DHC | Diversified Healthcare Trust | 股票-其他 | 0.69% | -0.65% | — | |
| 42 | FLGT | Fulgent Genetics Inc | 股票-其他 | 0.61% | — | -30.19% | |
| 43 | CZR | Caesars Entertainment Inc | 股票-循環性消費 | 0.61% | — | -72.29% | |
| 44 | CENX | Century Aluminum Company | 股票-原物料 | 0.46% | — | — | |
| 45 | ✓ | Lazydays Holdings Inc | 股票-其他 | 0.21% | — | -27.82% | |
| 46 | LNSR | Lensar Inc | 股票-其他 | 0.10% | — | -89.26% | |
| 47 | SPWRW | Sunpower Inc-cw27 | 股票-其他 | 0.01% | — | — |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | OMF | Onemain Holdings Inc | +1.7% | +4.68% | 加碼 |
| 2 | LAUR | Laureate Education Inc | +1.4% | -7.47% | 減碼 |
| 3 | UTI | Universal Technical Institut | +1% | -43.99% | 減碼 |
| 4 | LAD | Lithia Motors Inc | +0.5% | — | 減碼 |
| 5 | LNSR | Lensar Inc | -0.1% | -89.26% | 減碼 |
| 6 | OPCH | Option Care Health Inc | -0.8% | -45.70% | 減碼 |
| 7 | LNWO | Light & Wonder Inc | -2.6% | -79.26% | 減碼 |
| 8 | CZR | Caesars Entertainment Inc | -3.5% | -72.29% | 減碼 |
| 9 | TDUP | Thredup Inc - Class A | — | EXIT | 清倉 |
| 10 | VG1EUR | Vonage Holdings CORP | — | EXIT | 清倉 |
| 11 | CHNGUSD | Change Healthcare Inc | — | EXIT | 清倉 |
| 12 | ✓ | Rodgers Silicon Valley Aq Co | — | EXIT | 清倉 |
| 13 | NXST | Nexstar Media Group Inc | — | EXIT | 清倉 |
| 14 | GEN | Gen Digital Inc | — | EXIT | 清倉 |
| 15 | XYZ | Block Inc | — | EXIT | 清倉 |
| 16 | FTNT | Fortinet Inc | — | EXIT | 清倉 |
| 17 | KEX | Kirby CORP | — | NEW | 新建倉 |
| 18 | SMLR | Semler Scientific Inc | — | EXIT | 清倉 |
| 19 | Z | Zillow Group Inc - C | — | NEW | 新建倉 |
| 20 | OUT | OUTFRONT Media Inc. | — | EXIT | 清倉 |
| 21 | PRTSEUR | Carparts.com Inc | — | EXIT | 清倉 |
| 22 | WSC | Willscot Holdings CORP | — | EXIT | 清倉 |
| 23 | KIN1USD | Kindred Biosciences Inc | — | EXIT | 清倉 |
| 24 | WDAY | Workday Inc-class A | — | EXIT | 清倉 |
| 25 | META | Meta Platforms Inc-class A | — | NEW | 新建倉 |
| 26 | KSPI | Jsc Kaspi.kz Adr | — | NEW | 新建倉 |
| 27 | ✓ | Meridianlink Inc | — | NEW | 新建倉 |
| 28 | ALV | Autoliv Inc | — | NEW | 新建倉 |
| 29 | ✓ | Millicom Intl Cellular S A | — | NEW | 新建倉 |
| 30 | AMZN | Amazon.com Inc | — | NEW | 新建倉 |
| 31 | RBLX | Roblox CORP -class A | — | EXIT | 清倉 |
| 32 | CPRI | Capri Holdings Limited | — | EXIT | 清倉 |
| 33 | SE | Sea Ltd-adr | — | EXIT | 清倉 |
| 34 | CRH | CRH plc | — | NEW | 新建倉 |
| 35 | ✓ | Momentive Global Inc | — | EXIT | 清倉 |
| 36 | ENPH | Enphase Energy Inc | — | EXIT | 清倉 |
| 37 | PRCH | Porch Group Inc | — | EXIT | 清倉 |
| 38 | CPAY | Corpay Inc | — | NEW | 新建倉 |
| 39 | IQV | Iqvia Holdings Inc | — | EXIT | 清倉 |
| 40 | GPI | Group 1 Automotive Inc | — | NEW | 新建倉 |
| 41 | SICP | Silvergate Capital Corp-cl A | — | EXIT | 清倉 |
| 42 | PDLIEUR | Pdl Biopharma Inc | — | EXIT | 清倉 |
| 43 | UNH | Unitedhealth Group Inc | — | NEW | 新建倉 |
| 44 | MCFEUSD | Mcafee CORP - Class A | — | EXIT | 清倉 |
| 45 | LKQ | Lkq CORP | — | EXIT | 清倉 |
| 46 | APP | Applovin Corp-class A | — | EXIT | 清倉 |
| 47 | SFD | Smithfield Foods Inc | — | NEW | 新建倉 |
| 48 | WDC | Western Digital CORP | — | NEW | 新建倉 |
| 49 | RMBS | Rambus Inc | — | NEW | 新建倉 |
| 50 | ✓ | Ironsource LTD | — | EXIT | 清倉 |
根據 SEC 官方 Form 13F 申報備案，Park West Asset Management LLC 在 Q1 2025 季度的美股持倉總市值約為 US$14.7億，共申報了 47 個公開持股部位。
在 Q1 2025 季度，Park West Asset Management LLC 按市值排列的前三大核心持股分別為：KEX (6.3%)、Z (5.3%)、LAD (4.8%)。其中最大持股部位 KEX 佔據整體投資組合約 6.3% 的權重。
精選 AlphaSMO 大戶持股與內部人交易深度分析，提升投資決策勝率
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
本季最大新建倉標的
KEX
市值: US$7838.4萬
本季最大獲利了結 / 清倉標的
TDUP
前期市值: US$2.6億
在 Q1 2025 季度中，Park West Asset Management LLC 共進行了 200 項持倉異動，包含新建倉 38 個部位、加碼 1 個部位、減碼 7 個部位以及清倉 154 個部位。 其中最大新建倉標的為 KEX。 本季清倉部位包含 TDUP。
本頁面所有持股數據均直接同步自美國證券交易委員會（SEC）EDGAR 官方系統之 13F-HR / 13F-HR/A 季度申報文件。AlphaSMO 透過機器解析 CUSIP 與個股對照，提供 100% 精準對齊的歷史時序數據集，並支援 Schema.org 結構化資料格式。
解析公司高管、董事與 10% 大股東之 Form 4 內部人交易申報，掌握高管自家股票買賣第一手訊號。
深入剖析 5% 股益申報門檻、13D 與 13G 之差異，以及最新 SEC 申報時程規範，洞察機構法人的激進投資動向。